I want to circulate this video interview on Fox and Friends that featured Alex Charfen because as I was watching it, I realized it is a very complete 5 minute overview of the housing market today. This is some great information for buyers, sellers, investors and realtors. I have recapped his main points in case you don’t have the time to watch the video. Video link: video blog post Main points: Tip #1: This is PRIME time for home buyers and investors: Alex points out that we are at record or near-record low interest rates and property values have … (2 comments)
cdpe: Deficiency Judgment Explained with video
- 12/22/11 02:58 PM
This is an excellent video that explains what a deficiency judgement is. I was speaking with a distressed home owner this afternoon and her biggest obstacle in her efforts to get a mortgage modification was that she could not understand exactly what the various terms meant when she was speaking with her mortgage company. She was hesitant to agree to conditions that she didn’t fully understand. Video link: http://amymullenremax.wordpress.com/2011/12/22/deficiency-judgment-explained-with-video/ This video describes a lender’s right to a “deficiency judgment” when a property is sold in a short sale or foreclosed upon. Agents who hold the Certified Distressed Property Expert (CDPE) … (3 comments)
cdpe: Short Sales 101…or the rant of a short sale listing agent
- 12/19/11 03:36 PM
Okay – I have to voice this or I might just explode! I would love to get a few basic messages across to the various parties in a short sale in hopes of making this process easier and faster for the next person who utilizes just one of these tips. Even if just one person takes a point from this – my day will be complete! After working on several very difficult short sales in the past month I have found myself at a point of exasperation a few times while staring up at the ceiling of my office, or … (9 comments)
cdpe: 10 Warning Signs of a Mortgage Modification Scam
- 12/06/11 09:40 AM
In this environment, there are many people who truly do want to help a fellow home owner in distress. There are also people who will gladly prey on the desperation of a distressed home owner and make the situation worse. In some cases, home owners have a very limited amount of time to make decisions before they are made for them. Making the wrong one can cost a lot more than the money paid up front. The Office of the Comptroller of Currency has recently identified the top 10 slogans associated with a mortgage modification scam: 1. “Pay us $1,000, … (1 comments)
cdpe: New? Useful? How to spend your time on the web…
- 08/02/11 11:21 AM
I was just going through my notes from CDPE class and thought I would share this. The instructor was awesome and had a great trick for getting us all back into our seats on time – he offered up useful websites! So here they are – maybe some are useful – maybe not – but if you need some surfing content when you have a few minutes to spare (or are waiting for your oil change) check them out. unhearit.com : site plays a song to get a song out of your head issue.com : publish your ezine for free online-convert.com … (5 comments)
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